In 2016, residential transactions in Spain will experience a 10% year-on-year increment for a total of more than 440,000 homes sold.
|
|
- Della Todd
- 5 years ago
- Views:
Transcription
1 SERVIHABITAT TRENDS REPORT ON THE RESIDENTIAL MARKET IN SPAIN In 2016, residential transactions in Spain will experience a 10% year-on-year increment for a total of more than 440,000 homes sold. The rising demand, the recovery of investment activities, and improved access to mortgage financing are some of the main factors behind this growth. This year, new development stock is expected to continue to drop by 25%, for a final count of 367,500 homes by the end of Home prices will continue to rise, closing out the year with an average increment of 3.8%. Barcelona, June 1, According to the second Residential Market in Spain report prepared by Servihabitat, the go-to independent servicer for the management of real estate and financial assets, the recovery of Spain's housing market is taking place at a moderate yet sustained pace. The study, which was carried out by the Servihabitat Trends Observatory with the aim of analyzing the changes in the nation's real estate sector and its forecasts, confirms that certain regions showed clear signs of recovery in 2015, with significant improvements that are expected to continue this year. The increased number of housing transactions, along with the gradual reduction of new development stock, are two of the indicators that confirm this trend. Nearly 10% increment in the number of transactions for 2016 The number of transactions continued to increase in 2015, and growth rates are expected to continue their upward trend this year thanks to the rising market demand. Specifically, in 2016, transactions are expected to experience a 10% year-on-year growth, resulting in more than 440,000 homes sold, according to the forecasts in the report. This is due, in part, to the following factors: the activation of the demand-withholding effect in recent years, the rising investment activity aimed at taking advantage of the Spanish market s appeal, and the recovery of mortgage financing on behalf of banks, with the positive situation of the Euribor. As far as the types of real estate assets, the upward trend in the number of transactions is led by existing home sales, which represent nearly 70% of the units sold this year. This applies to primary residences as well as vacation homes. In the case of vacation homes, the number of transactions is expected to remain stable throughout 2016.
2 In terms of the data obtained in 2015, the communities that are expected to have the strongest growth in transaction activity are Asturias, Catalonia, the Basque Country, the Community of Madrid, La Rioja, and the Community of Valencia, as well as the Canary Islands and the Balearic Islands. All should have a year-on-year variation of more than 10%. The only community in which the number of transactions will drop compared to last year is Extremadura, where transactions will focus primarily on existing homes. Residential transactions Year-on-year variation rate P 10% more homes started and 12.5% more homes completed Another indicator that confirms the market s recovery since mid-2015 is the growing number of new developments being started. This number is expected to reach 44,600 homes by the end of 2016, resulting in a year-on-year increment of about 10%. The trend of new real estate developments varies by community, and the regions with the strongest concentration are the cities of Barcelona and Madrid, along with their metropolitan areas.
3 There is also expected to be a 12.5% year-on-year increment in the number of homes completed this year, for a total of 50,800 units, which includes non-subsidized as well as subsidized housing. These figures confirm the market s upward trend thanks to the recovery of the construction industry in recent months. 25% reduction of new development stock and 17.6% increment of new approved projects According to the study, new development stock will continue to decrease by approximately 25%, from 492,000 homes last year to 367,500 by the end of In cities with more than 100,000 residents, stock levels have nearly become technical stock, although this is not the case in metropolitan areas and remote locations, where it should be more difficult to reduce stock levels because buyers now have better opportunities in locations that are more central. Of the autonomous communities, Castilla-La Mancha is at the top in terms of new development stock per resident, followed by La Rioja and the Region of Murcia. On the other end, the autonomous communities with the lowest residential stock levels per resident are the Community of Madrid, followed by the Balearic Islands and the Canary Islands. In light of this situation, production maintained an upward trend in 2015, and it is estimated that new approved projects as well as those started and completed will show two-digit growth in Specifically, Spain s residential market will grow by more than 50,000 homes for a year-on-year increment of 12.5%, and nearly 90,000 projects will be approved, which are 17.6% more than in The changes in terms of decreased stock and increased production will vary in each region. In communities such as La Rioja, Castilla-La Mancha, the Community of Valencia, Cantabria, Castilla y León, and Aragon, the construction of new homes per resident is growing faster than the average, despite the existence of high stock levels per resident. However, in Murcia, Asturias, and Galicia, where production is not reactivating, stock levels remain high and are expected to decrease gradually. Housing prices will grow by 3.8% in 2016 The upward trend in the price/value of Spanish homes in 2015 will consolidate this year, and the average transaction value is expected to increase by 3.8% between now and the end of the year. In provinces such as Madrid, Barcelona, Alicante, and Málaga, market performance has followed home pricing growth forecasts, but in many other regions, home prices have remained stable instead of increasing.
4 The effort that a Spanish family must make to purchase a home has decreased significantly, from over nine years of gross annual income needed to purchase a home at the end of 2007 to slightly over six years at this time. The rental market has stabilized and nearly 14% of renters are foreigners According to the data presented in the study, the rental market in Spain has shown significant growth in recent years. More than 21% of Spaniards live in rentals, which is close to the numbers of other European countries with higher percentages in this regard. Between now and the end of the year, the number of rental transactions is expected to continue or increase compared to the number of home sales, and prices should remain stable. 13.9% of renters are foreigners, and citizens of Morocco, the United Kingdom, Romania, Italy, and various Latin American countries are the leading foreign renters in Spain. Foreigners purchased more than 17% of the homes sold in Spain in 2015 The number of foreign buyers remained stable (and even rose) throughout 2015, for a total of more than 69,000 homes purchased. This figure includes vacation homes as well as primary residences. Foreign residents and non-residents purchased 17.2% of the homes sold in Spain in
5 2015. Upon analyzing these transactions, most took place in eight provinces: Alicante, Santa Cruz de Tenerife, the Balearic Islands, Málaga, Girona, Las Palmas, Murcia, and Almería. To view the complete report, please visit the following links: - Complete report - Executive Summary - Summary video About Servihabitat Servihabitat is the go-to servicer for the comprehensive management of mortgage and development loan portfolios, as well as of real estate assets. More than 25 years of industry experience and the high number of assets it manages consolidate its position as the industry leader. A highly qualified professional team and a proprietary technological platform provide Servihabitat with an independent and differentiated operating methodology that is capable of meeting every need in the management cycle of financial and real estate assets. Additional information: Montse Castellana / Teresa Batlle mcastellana@tinkle.es / tbatlle@tinkle.es /
RESIDENTIAL MARKET IN SPAIN
RESIDENTIAL MARKET IN SPAIN SERVIHABITAT TRENDS EXECUTIVE SUMMARY First quarter 2016 In 2015, it was confirmed that the downward trend of the residential market in Spain was slowing down. Some areas showed
More information16 offices in Spain & Portugal
16 offices in Spain & Portugal Confidence, Innovation and Reliability Services comprehensive, tailored, flexible and rigorous service that allows clients access to innovative solutions to help them maximize
More informationForeclosure Statistics First quarter of Provisional data
5 June 2015 Foreclosure Statistics First quarter of 2015. Provisional data The registration of certifications of foreclosures begun in the land register increased 0.9% as compared to the previous quarter
More informationInvestment opportunities in the Spanish Real Estate Sector. Helsinki, 12th February 2013
Investment opportunities in the Spanish Real Estate Sector Helsinki, 12th February 2013 The real estate sector in Spain Residential investment played a key role in the long expansion of the Spanish Economy
More informationOpportunities for foreign buyers of Spanish real estate
Opportunities for foreign buyers of Spanish real estate London, 2014/12/01 DIEGO DE LEÓN, 21 28006 MADRID STATISTICS Current situation: signs of stabilization Prices rose by 1,15% in the Q3 of 2014. Second
More informationRental costs in Europe The influence of a regulated Rental Market
Rental costs in Europe The influence of a regulated Rental Market Montserrat Pareja Eastaway University of Barcelona, Spain Housing Market Challenges in Europe and the US any solutions available? Session
More informationCITI HABITATS. Manhattan Residential Sales Market Report
Manhattan Residential Sales Market Report Contents 4/7 12/17 3 8 9 10 Market Wide 4 Sales / Days on Market 5 / Months of Supply 6 7 Market Share Resale Co-ops Resale Condos New Developments 11 Luxury Neighborhoods
More informationACTIVITY REPORT FIRST HALF 2017
ACTIVITY REPORT FIRST HALF 2017 TABLE OF CONTENTS 1. EXECUTIVE SUMMARY 4 Half-Year Milestones 8 2. WHAT IS SAREB? 10 Mission, vision and values 11 An international reference 12 3. CORPORATE GOVERNANCE
More informationSELF-STORAGE REPORT VIEWPOINT 2017 / COMMERCIAL REAL ESTATE TRENDS. By: Steven J. Johnson, MAI, Senior Managing Director, IRR-Metro LA. irr.
SELF-STORAGE REPORT VIEWPOINT 2017 / COMMERCIAL REAL ESTATE TRENDS By: Steven J. Johnson, MAI, Senior Managing Director, IRR-Metro LA The Self Storage Story The self-storage sector has been enjoying solid
More informationMarket Analysis Andalucía, Spain
Market Analysis Andalucía, Spain Posted on February 1, 2017 Made by IPI Group of Companies 1 Table of Contents 1.0 INTRODUCTION 3 2.0 KEY MARKET INDICATORS 4 2.1.SALES VOLUMES 4 2.2 AFFORDABLE PROPERTY
More informationThe Corcoran Report 3Q17 MANHATTAN
The Corcoran Report 3Q17 MANHATTAN Contents Third Quarter 2017 4/7 12/23 3 Overview 8 9 10 Market Wide 11 Luxury 24 4 Sales / Days on Market 5 Inventory / Months of Supply 6 7 Market Share Resale Co-ops
More informationAddressing the Impact of Housing for Virginia s Economy
Addressing the Impact of Housing for Virginia s Economy A REPORT FOR VIRGINIA S HOUSING POLICY ADVISORY COUNCIL NOVEMBER 2017 Appendix Report 2: Housing the Commonwealth's Future Workforce 2014-2024 Jeannette
More informationThe State of Renters & Their Homes
FORECLOSURES FINDING #14 The number of pre-foreclosure notices issued to one- to four-unit properties and condominiums in 2015 fell from the previous year. Pre-foreclosure notices for one- to four-unit
More informationCarver County AFFORDABLE HOUSING UPDATE
Carver County AFFORDABLE HOUSING UPDATE July 2017 City of Chaska Community Partners Research, Inc. Lake Elmo, MN Executive Summary - Chaska Key Findings - 2017 Affordable Housing Study Update Chaska is
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS CLANCY TERRY RMLS Student Fellow Master of Real Estate Development Candidate Oregon and national housing markets both demonstrated shifting trends in the first quarter of 2015
More informationNew affordable housing production hits record low in 2014
1 Falling Further Behind: Housing Production in the Twin Cities Region December 2015 Key findings Only a small percentage of added housing units were affordable to households with low and moderate incomes.
More informationAugust 2017 Loudoun County Market Trends Report Sales Price Reaches Record High; Sales Decline; Inventory Remains Low
FOR IMMEDIATE RELEASE Contact: Christine Windle 703 777 2468 Dulles Area Association of REALTORS cwindle@dullesarea.com August 2017 Loudoun County Market Trends Report Sales Price Reaches Record High;
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS RMLS Student Fellow Master of Real Estate Development Candidate Many of the single family housing trends in the second quarter of 2017 bounced upwards following a continuation
More informationQuarterly Housing Market Update
Quarterly Housing Market Update An Overview New Hampshire s current housing market performance, as well as its overall economy, is slowly improving, with positives such as increasing employment and rising
More informationKey Findings on the Affordability of Rental Housing from New York City s Housing and Vacancy Survey 2008
Furman Center for real estate & urban policy New York University school of law n wagner school of public service 110 West 3rd Street, Suite 209, New York, NY 10012 n Tel: (212) 998-6713 n www.furmancenter.org
More informationCharacteristics of Recent Home Buyers
Characteristics of Recent Home Buyers Special Studies, February 1, 2019 By Carmel Ford Economics and Housing Policy National Association of Home Builders Introduction To analyze home buyers NAHB uses the
More informationARLA Members Survey of the Private Rented Sector
Prepared for The Association of Residential Letting Agents ARLA Members Survey of the Private Rented Sector Second Quarter 2014 Prepared by: O M Carey Jones 5 Henshaw Lane Yeadon Leeds LS19 7RW June, 2014
More informationMay 2016 Loudoun County Market Trends Report Homes selling twice as fast as 2015 with re-emergence of seller s market
FOR IMMEDIATE RELEASE Contact: Christine Windle 703-777-2468 Dulles Area Association of REALTORS cwindle@dullesarea.com Sponsored by: Access National Bank Tom Ciolkosz, (703) 871-1045, tciolkosz@accessnationalbank.com
More informationREAL ESTATE MARKET OVERVIEW 1 st Half of 2015
REAL ESTATE MARKET OVERVIEW 1 st Half of 2015 With Comparisons to the 2 nd Half of 2014 September 4, 2015 Prepared for: First Bank of Wyoming Prepared by: Ken Markert, AICP MMI Planning 2319 Davidson Ave.
More informationResidential December 2009
Residential December 2009 Karl L. Guntermann Fred E. Taylor Professor of Real Estate Adam Nowak Research Associate Year End Review The dramatic decline in Phoenix house prices caused by an unprecedented
More informationDeloitte Property Index Overview of European residential markets Residential property prices increase
Deloitte Property Index 2015 - Overview of European residential markets Residential property prices increase Michal Melc Senior Manager Audit Deloitte 30 Deloitte s Property Index, an overview of European
More informationH o u s i n g N e e d i n E a s t K i n g C o u n t y
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Number of Affordable Units H o u s i n g N e e d i n E a s t K i n g C o u n t y HOUSING AFFORDABILITY Cities planning under the state s Growth
More informationNATIONAL SECURITIES MARKET COMMISSION
NATIONAL SECURITIES MARKET COMMISSION In compliance with the reporting requirements under Article 82 of Law 24/1988, of 28 July, on the Securities Market, Lar España Real Estate SOCIMI, S.A. (hereinafter,
More informationCarver County AFFORDABLE HOUSING UPDATE
Carver County AFFORDABLE HOUSING UPDATE July 2017 City of Waconia Community Partners Research, Inc. Lake Elmo, MN Executive Summary - Waconia Key Findings - 2017 Affordable Housing Study Update Waconia
More informationSingle Family Sales Maine: Units
Maine Home Connection 19 Commercial St Portland, Maine 04101 MaineHomeConnection.com Office: (207) 517-3100 Email: Info@MaineHomeConnection.com For the fourth consecutive year, Maine home sales set a new
More informationMultifamily Market Commentary December 2018
Multifamily Market Commentary December 218 Small Multifamily a Big Deal in Los Angeles Small multifamily properties those with five- to 5-units are getting more attention as an important source of affordable
More informationREPORT June 2017 KEY FEATURES OF THE MARKET AND RESIDENTIAL SECTOR IN SPAIN
REPORT June 217 KEY FEATURES OF THE MARKET AND RESIDENTIAL SECTOR IN SPAIN CONTENTS EXECUTIVE SUMMARY 4 CONCLUSIONS 62 1. MACROECONOMIC INDICATORS 6 1.1. Recovery in full swing 7 1.2. Rising job creation
More informationSan Francisco Bay Area to Santa Clara and San Benito Counties Housing and Economic Outlook
San Francisco Bay Area to 2020 Santa Clara and San Benito Counties Housing and Economic Outlook Economic Forecast Summary 2017 Presented by Pacific Union International, Inc. and John Burns Real Estate
More informationNovember An updated analysis of the overall housing needs of the City of Aberdeen. Prepared by: Community Partners Research, Inc.
City of Aberdeen HOUSING STUDY UPDATE November 2010 An updated analysis of the overall housing needs of the City of Aberdeen Prepared by: Community Partners Research, Inc. nd 10865 32 Street North Lake
More information2015 First Quarter Market Report
2015 First Quarter Market Report CAAR Member Copy Expanded Edition Charlottesville Area First Quarter 2015 Highlights: Median sales price for the region was up 5.1% over Q1-2014, rising from $244,250 to
More informationHousing Market Update
Housing Market Update March 2017 New Hampshire s Housing Market and Challenges Market Overview Dean J. Christon Executive Director, New Hampshire Housing Finance Authority New Hampshire s current housing
More informationFilling the Gaps: Active, Accessible, Diverse. Affordable and other housing markets in Johannesburg: September, 2012 DRAFT FOR REVIEW
Affordable Land and Housing Data Centre Understanding the dynamics that shape the affordable land and housing market in South Africa. Filling the Gaps: Affordable and other housing markets in Johannesburg:
More informationEconomy. Denmark Market Report Q Weak economic growth. Annual real GDP growth
Denmark Market Report Q 1 Economy Weak economic growth In 13, the economic growth in Denmark ended with a modest growth of. % after a weak fourth quarter with a decrease in the activity. So Denmark is
More informationManhattan Rental Market Report August 2013 mns.com
Manhattan Rental Market Report August 2013 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11 Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City
More informationLuxury Residences Report 2nd Half 2016
Luxury Residences Report 2nd Half 2016 YEAR XIII No. 2 March 2017 1 Luxury Residences Report 2 nd Half 2016 Introduction Introduction and methodology 2 Luxury Residences Report 2 nd Half 2016 Introduction
More information2016 Q3 PROPERTY MARKET REPORT
2016 Q3 PROPERTY MARKET REPORT OVERVIEW After a tumultuous few months following the Brexit vote on 23 June, the UK economy seems to have rebounded and fallen into a more stable economic environment. Supply
More informationREPORT June Key features of the RESIDENTIAL SECTOR. in Spain
REPORT June 216 Key features of the RESIDENTIAL SECTOR in Spain CONTENTS EXECUTIVE SUMMARY 4 1. ECONOMIC AND SOCIO-DEMOGRAPHIC CONTEXT 6 1.1. Key economic indicators: GDP, employment and inflation 8 1.2.
More informationLand Value Estimates and Forecasts for Reston. Prepared for Reston Community Center April 2013
Land Value Estimates and Forecasts for Reston Prepared for Reston Community Center April 2013 LAND VALUE ESTIMATES AND FORECASTS FOR RESTON COMMUNITY CENTER Purpose of the Analysis RCLCO (Robert Charles
More informationRESIDENTIAL PROPERTY PRICE INDEX (RPPI)
EUROSYSTEM RESIDENTIAL PROPERTY PRICE INDEX (RPPI) 2018 Q1 The residential property price index is still on an upward trend 1 The RPPI 1 (houses and apartments) increased by 0,6% in 2018Q1. This was the
More informationDIFI-Report. Assessment of the Real Estate Financing Market. Germany 4th Quarter 2017 Published in December 2017
DIFI-Report Assessment of the Real Estate Financing Market Germany 4th Quarter 2017 Published in December 2017 Brighter financing expectations for the coming half year Assessment of the refinancing markets
More informationLas Vegas Valley Executive Summary
ARROYO MARKET SQUARE Las Vegas Valley Executive Summary Retail Market 4th Quarter 2013 THE DISTRICT AT GREEN VALLEY RANCH January 23, 2014 Re: Commercial Real Estate Survey: 4th Quarter, 2013 Dear Reader,
More informationChapter 4: Housing and Neighborhoods
Chapter 4: Housing and Neighborhoods Introduction Medina is a growing community that provides a variety of housing types and neighborhood styles while protecting and enhancing the City s open spaces and
More informationPerformance of the Private Rental Market in Northern Ireland
Summary Research Report July - December Performance of the Private Rental Market in Northern Ireland Research Report July - December 1 Northern Ireland Rental Index: Issue No. 8 Disclaimer This report
More informationStock of non-resident owned dwellings in Spain 1
IFC - Central Bank of Armenia Workshop on External Sector Statistics Dilijan, Armenia, 11-12 June 2018 Stock of non-resident owned dwellings in Spain 1 Esther Martín, Elena Nieto and Gregorio Portillo,
More informationMultifamily Market Commentary February 2017
Multifamily Market Commentary February 2017 Affordable Multifamily Outlook Incremental Improvement Expected in 2017 We expect momentum in the overall multifamily sector to slow in 2017 due to elevated
More informationTable of Contents. Title Page # Title Page # List of Tables ii 6.7 Rental Market - Townhome and Apart ment Rents
RESIDENTIAL MONITORING REPORT 2013 Table of Contents Title Page # Title Page # List of Tables ii 6.7 Rental Market - Townhome and Apart ment Rents 21 List of Figures iii 7.0 Other Housing Demands and Trends
More informationFebruary 2016 Loudoun County Market Trends Report Contracts and sales activity jump double-digits; Inventories down 15.5 percent
FOR IMMEDIATE RELEASE Contact: Christine Windle 703-777-2468, cwindle@dullesarea.com Sponsored by: Access National Bank Tom Ciolkosz, (703) 871-1045, tciolkosz@accessnationalbank.com Patty Foster, 703-871-1014,
More informationSTATPAK MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR AUGUST McEnearney.com CONTRACTS URGENCY INDEX INVENTORY INTEREST RATES
STATPAK WASHINGTON, DC SEPTEMBER 2017 McEnearney.com MARKET IN A MINUTE A SUMMARY OF MARKET CONDITIONS FOR AUGUST 2017 Contract activity in August 2017 was up 4.9% from August 2016, and there were increases
More informationThe Manhattan real estate market
Manhattan Market Report Q 04 by the numbers +.6% StreetEasy Condo Price Index (QuarteroverQuarter) 0.% StreetEasy Condo Price Forecast (MonthoverMonth) 6.0% Total (QuarteroverQuarter) 6.0% Number of Pending
More informationNINE FACTS NEW YORKERS SHOULD KNOW ABOUT RENT REGULATION
NINE FACTS NEW YORKERS SHOULD KNOW ABOUT RENT REGULATION July 2009 Citizens Budget Commission Since 1993 New York City s rent regulations have moved toward deregulation. However, there is a possibility
More informationInternational investing in Mediterranean resort and hotel real estate
International investing in Mediterranean resort and hotel real estate A joint survey by Tranio and The Mediterranean Resort & Hotel Real Estate Forum (MR&H) 2018 www.tranio.com + www.mrandh.com International
More informationFilling the Gaps: Stable, Available, Affordable. Affordable and other housing markets in Ekurhuleni: September, 2012 DRAFT FOR REVIEW
Affordable Land and Housing Data Centre Understanding the dynamics that shape the affordable land and housing market in South Africa. Filling the Gaps: Affordable and other housing markets in Ekurhuleni:
More informationStatus of HUD-Insured (or Held) Multifamily Rental Housing in Final Report. Executive Summary. Contract: HC-5964 Task Order #7
Status of HUD-Insured (or Held) Multifamily Rental Housing in 1995 Final Report Executive Summary Cambridge, MA Lexington, MA Hadley, MA Bethesda, MD Washington, DC Chicago, IL Cairo, Egypt Johannesburg,
More informationPrivate Rented Sector Report
Private Rented Sector Report March 2018 March 2018 PRS Report RENTAL SECTOR HOLDS STEADY IN MARCH Key Findings Demand from prospective tenants increased by eight per cent in March Supply of rental properties
More informationOFFICE MARKET ANALYSIS:
OFFICE MARKET ANALYSIS: DAVID WEST RMLS Fellow Certificate of Real Estate Development Student Masters of Urban and Regional Planning Candidate While the Portland office market continues the slow recovery
More informationHousing Indicators in Tennessee
Housing Indicators in l l l By Joe Speer, Megan Morgeson, Bettie Teasley and Ceagus Clark Introduction Looking at general housing-related indicators across the state of, substantial variation emerges but
More informationMARKET WATCH: Dakota County
MARKET WATCH: Dakota County Trends in the unsubsidized multifamily rental market Minnesota Housing Partnership OCTOBER 2018 Across the Twin Cities, the growing ranks of renter households are facing an
More informationINTRODUCTION SUMMER SLIDE
3 Q 2 0 1 8 M A NH AT TA N M A R K E T R E P O R T INTRODUCTION M A N H A T T A N S A L E S R E P O R T Q 3 2 0 1 8 : SUMMER SLIDE It s common knowledge that Manhattan property sales typically take a dip
More information16 April 2018 KEY POINTS
16 April 2018 MARKET ANALYTICS AND SCENARIO FORECASTING UNIT JOHN LOOS: HOUSEHOLD AND PROPERTY SECTOR STRATEGIST FNB HOME LOANS 087-328 0151 john.loos@fnb.co.za THULANI LUVUNO: STATISTICIAN 087-730 2254
More informationANALYSIS OF THE CENTRAL VIRGINIA AREA HOUSING MARKET 1st quarter 2013 By Lisa A. Sturtevant, PhD George Mason University Center for Regional Analysis
ANALYSIS OF THE CENTRAL VIRGINIA AREA HOUSING MARKET 1st quarter By Lisa A. Sturtevant, PhD George Mason University Center for Regional Analysis Economic Overview Key economic factors in the first quarter
More informationSan Francisco Bay Area to Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook
San Francisco Bay Area to 2020 Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook Economic Forecast Summary 2017 Presented by Pacific Union International, Inc. and John Burns Real
More informationSan Francisco Bay Area to Sonoma County Housing and Economic Outlook
San Francisco Bay Area to 2020 Sonoma County Housing and Economic Outlook Economic Forecast Summary 2017 Presented by Pacific Union International, Inc. and John Burns Real Estate Consulting, LLC On Nov.
More informationState of Renters and Their Homes
State of Renters and Their Homes As rents rose and renters incomes remained stagnant from to, many New Yorkers continued to face heavy rent burdens. In, roughly 30 percent of the city s renter households
More informationHow. to buy. ahome in Spain. Consumer safety in purchasing property
How to buy ahome in Spain S T E P B Y S T E P Consumer safety in purchasing property How to buy ahome in Spain Consumer safety in purchasing property CONTENTS 1 Finding the right home. P.2 2 Signing the
More informationMonthlyStatistics OCTOBER 2018
MonthlyStatistics OCTOBER 2018 FOR IMMEDIATE RELEASE November 1, 2018 Prices Continue Rising Despite Moderating Sales NANAIMO, BC Sales of single-family homes in October were 11 per cent higher than in
More informationResearch. A Capital Value production. An analysis of the Dutch residential (investment) market 2017
Research A Capital Value production An analysis of the Dutch residential (investment) market 2017 Summary In 2016, the development of the housing market was turbulent. Key events included a historic residential
More informationCarver County AFFORDABLE HOUSING UPDATE
Carver County AFFORDABLE HOUSING UPDATE July 2017 City of Cologne Community Partners Research, Inc. Lake Elmo, MN Executive Summary - Cologne Key Findings - 2017 Affordable Housing Study Update Cologne
More informationDETACHED MULTI-UNIT APPROVALS
HIA New Home Sales DETACHED MULTI-UNIT APPROVALS SALES MULTI-UNIT DETACHED A monthly update on the sales of new homes December 217 TAX BURDEN TAKES TOLL ON New Home Sales during 217 Sales still post modest
More informationCity Center Market-Rate Housing Study
City Center Market-Rate Housing Study OVERVIEW The City of Bellingham, with the assistance of students from Western Washington University, conducted a study of market-rate rental housing during April and
More informationM A N N E S M A N N A.S / REAL ESTATE AND PROJECT APPRAISAL REPORT Bodrum/MUĞLA
M A N N E S M A N N A.S. 2018 / 2019 REAL ESTATE AND PROJECT APPRAISAL REPORT Bodrum/MUĞLA EXECUTIVE SUMMARY The property subject to appraisal and its use: The real estate of land type without any building
More informationSan Francisco Housing Market Update
San Francisco Housing Market Update California Economic and Housing Market Outlook The national economy maintained a healthy growth rate in the first quarter of 2005 and appeared to be settling in for
More informationFOR IMMEDIATE RELEASE Contact: Brenda Morton Dulles Area Association of REALTORS
FOR IMMEDIATE RELEASE Contact: Brenda Morton 703 777 2468 Dulles Area Association of REALTORS bmorton@dullesarea.com August 2018 Loudoun County Market Trends Report Despite persistent low inventory, sales
More informationSeptember 2016 RESIDENTIAL MARKET REPORT
September 2016 RESIDENTIAL MARKET REPORT The real estate investment market in Japan has had an abundance of capital (both domestic & foreign) over the past couple of years. This, along with the low (now
More informationResidential March 2010
Residential March 2010 Karl L. Guntermann Fred E. Taylor Professor of Real Estate Adam Nowak Research Associate The latest data for December 2009 reveals that overall house prices declined by 13 percent
More informationLuxury Residences Report First Half 2017
Luxury Residences Report First Half 2017 YEAR XIV n. 1 October 2017 1 Luxury Residences Report: First Half 2017 Introduction Introduction and methodology 2 Luxury Residences Report: First Half 2017 Introduction
More informationCOMMERCIAL PROPERTY PRICES REMAIN IN SLOWDOWN PATTERN AS MARKET REACTS TO INVESTOR PULLBACK
CCRSI RELEASE MARCH 2016 (With data through February 2016) COMMERCIAL PROPERTY PRICES REMAIN IN SLOWDOWN PATTERN AS MARKET REACTS TO INVESTOR PULLBACK DESPITE DECLINE IN PROPERTY PRICING, LEASING ACTIVITY
More informationCarver County AFFORDABLE HOUSING UPDATE
Carver County AFFORDABLE HOUSING UPDATE July 2017 City of Carver Community Partners Research, Inc. Lake Elmo, MN Executive Summary - Carver Key Findings - 2017 Affordable Housing Study Update Carver has
More informationBankwest Future of Business: Focus on Real Estate
Bankwest Future of Business: Focus on Real Estate 2018 Contents Key insights Industry overview What s driving industry growth? Spotlight on Australia Spotlight on Western Australia What does the future
More informationHOUSING MARKET OUTLOOK
HOUSING MARKET INFORMATION HOUSING MARKET OUTLOOK Kitchener-Cambridge-Waterloo CMAs C A N A D A M O R T G A G E A N D H O U S I N G C O R P O R A T I O N Date Released: Fall 2017 Figure 1 5,000 4,000 3,000
More informationECONOMIC CURRENTS. Vol. 4, Issue 3. THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY
ECONOMIC CURRENTS THE Introduction SOUTH FLORIDA ECONOMIC QUARTERLY Vol. 4, Issue 3 Economic Currents provides an overview of the South Florida regional economy. The report presents current employment,
More informationTable of Contents. Appendix...22
Table Contents 1. Background 3 1.1 Purpose.3 1.2 Data Sources 3 1.3 Data Aggregation...4 1.4 Principles Methodology.. 5 2. Existing Population, Dwelling Units and Employment 6 2.1 Population.6 2.1.1 Distribution
More informationNovember 2017 Loudoun County Market Trends Report Inventory decline persists as total and new listings are down; Sales growth continues to drop
FOR IMMEDIATE RELEASE Contact: Brenda Morton 703 777 2468 Dulles Area Association of REALTORS bmorton@dullesarea.com November 2017 Loudoun County Market Trends Report Inventory decline persists as total
More informationHousing Markets: Balancing Risks and Rewards
Housing Markets: Balancing Risks and Rewards October 14, 2015 Hites Ahir and Prakash Loungani International Monetary Fund Presentation to the International Housing Association VIEWS EXPRESSED ARE THOSE
More informationHousing & Neighborhoods Trends
Housing & Neighborhoods Trends Where do we stand in 2017 At A Glance: Indicator Trend Comparison to State Financial Housing Burden Tax Burden To Note: In 2017, there were a number of Housing & Neighborhood
More informationAustin-area home prices set August record, outpace household income growth in August 2015
Austin-area home prices set August record, outpace household income growth in August 2015 Market Reports Austin Board of REALTORS releases real estate statistics for August 2015 AUSTIN, Texas September
More informationARLA Members Survey of the Private Rented Sector
Prepared for The Association of Residential Letting Agents & the ARLA Group of Buy to Let Mortgage Lenders ARLA Members Survey of the Private Rented Sector Fourth Quarter 2010 Prepared by: O M Carey Jones
More informationMETROVACESA Property Business
METROVACESA Property Business Madrid, 25 th June 2014 Jésus Vicente Executive Manager Portfolio & Subsidiaries Metrovacesa Property Business Main figures GAV Dec - 12: 3,164 m (44% total Group) Land &
More informationReal Estate Development for a changing user market - the Dutch context
Real Estate Development for a changing user market - the Dutch context Dr.ing. Jo P. Soeter 1 Ing. Peter de Jong Titia van de Water MSc Paper for the conference of the European Real Estate Society in Eindhoven,
More informationnd Quarter Market Report
2015 2 nd Quarter Market Report The voice of real estate in Central Virginia CAAR Member Copy Expanded Edition Charlottesville Area 2 nd Quarter 2015 Highlights: Closed sales in the Greater Charlottesville
More informationForecast of Tax Revenues for Reston Community Center Reston, Virginia. Prepared for Reston Community Center March 2013
Forecast of Tax Revenues for Reston Community Center Reston, Virginia Prepared for Reston Community Center March 2013 TAX BASE AND REVENUES FORECASTS FOR RESTON COMMUNITY CENTER Purpose of the Analysis
More informationSummary. Houston. Dallas. The Take Away
Page Summary The Take Away The first quarter of 2017 was marked by continued optimism through multiple Texas metros as job growth remained positive and any negatives associated with declining oil prices
More informationNATIONAL SECURITIES MARKET COMMISSION
NATIONAL SECURITIES MARKET COMMISSION In compliance with the reporting requirements under article 82 of Law 24/1988 of 28 July on the Securities Market, Lar España Real Estate SOCIMI, S.A. ( Lar España
More informationHousing Bulletin Monthly Report
February 21 1 Housing Bulletin Monthly Report Housing Starts 25, 2, 15, 1, 5, Alberta Housing Starts up 5 per cent from 29 From February 29 to 21, preliminary housing starts increased 82.7 per cent across
More informationCONSUMER CONFIDENCE AND REAL ESTATE MARKET PERFORMANCE GO HAND-IN-HAND
CONSUMER CONFIDENCE AND REAL ESTATE MARKET PERFORMANCE GO HAND-IN-HAND The job market, mortgage interest rates and the migration balance are often considered to be the main determinants of real estate
More informationOFFICE MARKET ANALYSIS
OFFICE MARKET ANALYSIS KYLE BROWN RMLS Fellow, Master of Real Estate Development Candidate Amid some encouraging signs nationally, the Portland office market has maintained its stability, with the CBD
More information